JPMorgan CEO Jamie Dimon says remote work ‘doesn’t work in our business’

Jimmy Damon, CEO of JPMorgan Chase, defended his position against the distant work of a group of university students, who told them that remote work “does not work in our business.”

“He had enough apparent work when talking to students at the College of Graduate Studies at Stanford University last week.

One of the students asked the bank’s executive director about his leaked observations and observations from the company’s town hall, which deals with the end of the company’s mixed work, which has become a common practice in the workplace in recent years, especially after the Korona virus.

A request by the student advice on how to address the issue of virtual work.

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Jimmy Damon, CEO of JPMorgan Chase, defended his position against the distant work of a group of university students. (Victor J. Blue / Bloomberg via Getty Images / Getty Images)

Damon answered that the only group of people frustrated by the return of the office is “Persons in the Center”, such as companies office workers.

“If you are working in a restaurant, you should be in,” he said. “You may not know all this, but 60 % of Americans worked all the time.”

“Where did you get your Amazon packages? Cow meat, your flesh, and your vodka? Where did you get diapers?” He continued, referring to people who had never had a remote work option, even during the epidemic.

“I got UPS, FEDEX, manufacturers, agriculture, hospitals, cities, schools, nurses, sanitation, firefighters and military personnel. They all worked.”

Some workers in both the government and the private sector who have been allowed to work away since the epidemic criticized the delegations of returning to the office in recent years.

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Jimmy Damon said that remote work “does not work in our business.” (Kent Nishimura / Bloomberg via Getty Images / Getty Images)

There were some who resigned even from the return of the office’s requirements, which Damon said was respectful.

“We have 10 % of our employees who work at home full time,” Damon said. “We have put the virtual communication centers in Baltimore and Detroit. We did it to see if it will be effective. It’s very effective. They are working from home. They are most of them minorities. That is why we did so. It is a race at home. So I am not against her where she works … I also fully defend your right to say,“ I do not want that. “

“But I do not defend your right to tell me what Jpmorgan will do,” he added. “So you have a free market. You can do something, I can do something else. This is called a free market.”

JPMorgan Chase announced earlier that employees must return to the office five days a week, starting this month.

Damon also said that he wanted people to return to the office because “the youth leave behind them.”

Jimmy Damon said he wanted people to return to the office because “the youth leave behind them.” (Tom Williams / CQ-Roll Call, Inc via Getty Images / Getty Images)

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“This is not like the first month in which you work,” he said. “By the second year, you have less people, you put less tasks, you know the least that is going on, you have less conversations in the water cooler or cafeteria. So they leave them behind them. I will not do it.

He also stressed the importance of communicating with co -workers in the office, which may not be possible while working remotely.

“As an administrative tool, when we meet in the morning, we talk, we have these discussions, throughout the day we are talking.” Hey, no, I reviewed that, you are right, here I think we should do. ”Throughout the day, a continuous update, a continuous share of information.

Damon also said that people often spend their phones during enlargement meetings.